Stellar (
$XLM ) got rejected hard at the $0.4570 resistance and is now down over 3%! Price has slipped below the critical $0.4430 support level on increasing volume, confirming a descending triangle breakdown on the 1H chart — with downside targets in sight.
⚡ Short Setup in Play
Entry Zone: Between $0.4390 – $0.4410Stop Loss: Just above $0.4450 (tight resistance cluster)Target 1 (TP1): $0.4332 (Recent intraday low)Target 2 (TP2): $0.4285Target 3 (TP3): $0.4139 (Potential liquidation level)
$XLM $ETH 🔍 Market Context
Volume spike signals a potential flush — once price lost $0.4370, it opened the door for a fast drop. Broader Layer-1 weakness may be adding pressure.
#XLM #XLMUSDT #AltcoinSetup #CryptoBreakdown #StellarUpdate